Gold And Silver Price Showing Excellent Support

GOLD

Gold is trading in a narrow range between $1,913 and $1,924 per ounce today. A stronger U.S. Dollar and higher interest rates are putting pressure on the Gold price, but demand remains solid. At 11am PT today, Gold is trading at $1,926, down $1 on average volume.

SILVER

Silver briefly broke below the $23 level, but rallied back in late European trading. Silver has traded between $22.71 and $23.13 as demand continues to increase. At 11am PT today, Silver is up $0.05, trading at $23.15 on normal volume.